Four years after listing and a year after acquiring Ecom Express , Delhivery cofounder and CEO Sahil Barua expects further consolidation in the logistics sector, as he says there isn't enough volume for more than three players. He also said that the quick commerce industry carries a high economic cost and it’s difficult to see players other than Blinkit turning profitable in the near-term.
“You already have Blue Dart, Delhivery, and Shadowfax, all of which have strong, competitive positions in their respective segments. It’s very difficult for another independent, third-party ecommerce logistics company to survive, whether that’s Xpressbees or anyone else,” Barua said in an exclusive interview with ET.
